China-US Energy Geopolitics: The Battle for Oil in the South China Sea

A new area of potential confrontation is developing between China and the U.S. According to reports, Exxon Mobil which has acquired exploration and production rights from Vietnam has discovered substantial gas reserves in the South China Sea  off the coast of North Vietnam.

via China-US Energy Geopolitics: The Battle for Oil in the South China Sea.

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For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
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